SUNNYVALE, Calif.--Ariba, Inc. (Nasdaq: ARBA), the leading spend management solutions provider, today announced that it has signed a new agreement with Atlas Air Worldwide Holdings, Inc. (AAWW) (Nasdaq: AAWW), a leading provider of global air cargo assets and services. Under the terms of the agreement, Atlas Air will leverage Ariba’s SaaS offerings to drive savings across its operations and ensure that they make their way to the bottom line.

“At Atlas Air, we are committed to delivering game-changing solutions that enable our customers to drive business growth, and in order to do this, we must diligently manage our costs and operate at the highest levels of efficiency,” said Larry Gibbons, Vice President, Procurement, Atlas Air. “Ariba’s SaaS solutions provide us with flexible technology and best-practice processes that we can use to negotiate best-value contracts. But perhaps more important, they enable us to drive compliance with these agreements across our operations to ensure that the value we negotiate actually materializes.”

As part of its Continuous Improvement initiatives, Atlas Air will implement Ariba^® Sourcing On-Demand^™, Ariba Contract Management On Demand^™ and Ariba Procure-to-Pay^™.

A unique combination of technology, expertise and best-practice processes, Ariba Sourcing On-Demand is a web-based solution that enables companies to improve the efficiency and effectiveness of their procurement operations and create value across their entire organization without investing in hardware or managing software.

With robust buy and sell-side capabilities, Ariba Contract Management On Demand enables companies to collaboratively create and manage contracts across categories and functions, including sales, finance, marketing, real estate, legal, procurement and IT. Using Ariba Contract Management, organizations can move beyond basic authoring and document archiving to manage terms and risks and drive compliance with agreements on an enterprise-wide basis.

The heart of Ariba’s Procurement solution, Ariba Procure-To-Pay combines the functionality of Ariba Buyer^™, Ariba Invoice^™, Ariba Settlement^™ and Ariba Analysis^™ in a single, integrated solution to help companies automate, improve, control and monitor procurement to realize immediate process efficiencies and cost savings.

“In order to keep pace in today’s volatile and fiercely competitive market for global cargo services, Atlas Air must operate more efficiently and cost effectively than ever before,” said Daryl Rolley, Senior Vice President and Managing Director, North America and Asia Pacific Operations, Ariba. “In implementing Ariba’s SaaS solutions, Atlas Air can enable this agility by dialing up the technology, expertise and services it needs as it needs them to control its costs, minimize risk, improve profits and optimize cash flow and operations.”

About Atlas Air Worldwide Holdings, Inc.

Atlas Air Worldwide Holdings, Inc. (AAWW) is the parent company of Atlas Air, Inc. (Atlas) and Titan Aviation Leasing Limited (Titan), and is the majority shareholder of Polar Air Cargo Worldwide, Inc. (Polar). Through Atlas and Polar, AAWW operates the world’s largest fleet of Boeing 747 freighter aircraft.

Atlas, Titan and Polar offer a range of air cargo services that include ACMI aircraft leasing – in which customers receive a dedicated aircraft, crew, maintenance and insurance on a long-term lease basis – express network and scheduled air cargo service, military charters, commercial cargo charters, and dry leasing of aircraft and engines.

AAWW’s press releases, SEC filings and other information may be accessed through the Company’s home page, www.atlasair.com.

About Ariba, Inc.

Ariba, Inc. is the leading provider of on-demand spend management solutions. Our mission is to transform the way companies of all sizes, across all industries, and geographies operate by delivering technology, service, and network solutions that enable them to holistically source, contract, procure, pay, manage, and analyze their spend and supplier relationships. Delivered on demand, our enterprise-class offerings empower companies to achieve greater control of their spend and drive continuous improvements in financial and supply chain performance. More than 1,000 companies, including more than half of the companies on the Fortune 100, use Ariba solutions to manage their spend from sourcing and orders through invoicing and payment. For more information, visit www.ariba.com.